MLS Number 170162446
- Acreage 96.49
Amazing income/investment property! AT&T Cell tower lease with an income of $28,524 per year with 15% escalation clause every five-years. This tower is equipped and ready to add five more carrieres to existing tower. Tower sits on a 96-acre hilltop wooded property in bucolic Roxbury with views. Property is picturesque with stonewalls, a creek, acreage of flat wooded land and is ready for development. This property includes 1700 feet of engineered gravel road with drainage and underground utilities installed. The Cell tower could be separated from the original property and the 96 wooded acres could be subdivided and sold off, harvested for its wood, used as an equestrian farm, a solar farm or for a luxury estate. Property has 2700 feet of road frontage on RT 67. Topographical, deep hole percolation and soil type surveys are available. Perc results between 1 in 10 and 1 in 20.
Listing Courtesy of Coldwell Banker Residential Brokerage